BoE’s Bailey sees UK economy regaining pre-pandemic level in early 2022

September 29, 2021

LONDON (Reuters) – Bank of England Governor Andrew Bailey said on Wednesday that he expected Britain’s economy to recover its pre-pandemic level of output early next year, a little later than the central bank had predicted last month.

“I expect us to be back to the pre-pandemic level in the early part of next year, possibly a month or two later than we thought we would be at the start of August,” Bailey said at a European Central Bank panel.

(Reporting by David Milliken, writing by Andy Bruce)

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